THE SCOPS ARTS TRUST
The Scops Arts Trust aims to give people of all ages across the UK a better quality of life by enabling them to understand, participate in and enjoy the arts, particularly music, drama, opera and dance.In furtherance of this aim the Trust makes grants to charities and other community organisations which promote and/or stimulate the public's interest in these areas.
Financial health, per its FY2024 accounts
The accounts state that the charity holds unrestricted reserves of £11,991,957, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net surplus of £767,208 for the year, driven by investment gains of £613,670, while total expenditure amounted to £327,166. The trustees have identified no material risks to the viability of the Trust at this time.
What the accounts disclose
“Free cash reserves will be held in Scops’ Bank Account to cover 12 months running costs of Scops and short- term grant commitments not planned to be met from anticipated regular investment income.” — page 6
Structured financials (annual return, FY ending 31/12/2021)
Trustees
- Christopher Arnoldchair
- Barbara Arnold
- Justin James Peter Kitson
- NICHOLAS SALISBURY
- Sarah Louise Cowper
- Sophie Fuller
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £497k | £569k |
| 31/12/2024 | £481k | £327k |
| 31/12/2023 | £271k | £584k |
| 31/12/2022 | £264k | £786k |
| 31/12/2021 | £727k | £719k |
Common questions
Is THE SCOPS ARTS TRUST financially healthy?
Per its FY2024 accounts: The accounts state that the charity holds unrestricted reserves of £11,991,957, which the trustees consider adequate to continue in operational existence for the foreseeable future. The charity reported a net surplus of £767,208 for the year, driven by investment gains of £613,670, while total expenditure amounted to £327,166. The trustees have identified no material risks to the viability of the Trust at this time. Its FY2024 accounts were audited by CT Audit Limited.
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN SWIRE 1989 CHARITABLE TRUST | 1 | £77k |
| GOFUNDME.ORG.UK | 1 | £67k |
| SCARBOROUGH THEATRE DEVELOPMENT TRUST | 1 | £54k |
| THE THEATRES TRUST CHARITABLE FUND | 1 | £16k |
| THE COLYER-FERGUSSON CHARITABLE TRUST | 1 | £15k |
| COMMUNITY & VOLUNTARY SUPPORT CONWY | 1 | £10k |
| THE THOMAS HOWELL'S EDUCATION FUND FOR NORTH WALES | 1 | £10k |
| VAUGHAN WILLIAMS FOUNDATION | 1 | £5k |
Charities like this
- THE MAYFLOWER THEATRE TRUST
- THE CONWY ARTS TRUST
- DEAL MUSIC AND ARTS LIMITED
- SCARBOROUGH THEATRE TRUST LIMITED
- NEWCASTLE ARTS CENTRE TRUST LTD
- THE TILLETT TRUST
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| THE SCOPS ARTS TRUST | £497k | — | 0 | above | — | no doubt |
| THE MAYFLOWER THEATRE TRUST | £28.8m | £190,001 - £200,000 | — | above | — | no doubt |
| THE CONWY ARTS TRUST | £149k | — | 0 | unclear | — | no doubt |
| DEAL MUSIC AND ARTS LIMITED | £242k | — | 0 | unclear | — | no doubt |
| SCARBOROUGH THEATRE TRUST LIMITED | £3.1m | — | — | below | — | noted |
| NEWCASTLE ARTS CENTRE TRUST LTD | £175k | — | 0 | unclear | — | no doubt |